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's not only bad for the economy, but hurt the environment as well. "varney & company" is about to begin. karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> good morning, "varney & company," viewers. today is monday, january 7th and gerard depardieu, well, he's welcomed to russia with open arms and here, we're going to welcome with you open arms, with sandra smith and on the floor of the new york stock exchange, of course, nicole petallides. hey, you remember the cash for clunkers, that 2009 government program that gave people money, a the lot of money to buy more fuel efficient cars if they traded in the old gas guzzlers, as i
fourchlg the taliban, to try to reshape the environment there, and to try to maneuver the various players in the region towards negotiated outcome because there was no military outcome. that seems not to have gone well. in the absence of that, what is the strategic course? the strategic course is now to minimize american vulnerability in these areas. not walk afrom afghanistan, as has happened in the past. try to give afghanistan some choices, but for security and to try to get away from what i think is the free riding problem where president obama is free riding on security, and not moving governments forward to get other stake holding in the rest of the country. i think the president has moved that security blanket in part to change the dynamic in the region. he is also committed to rebalancing attention on asia, and he is taking military forces out should they be needed for iran and other matters. this is a very shrewd, smart move that i think the wlous is making. >> now, what we're seeing here, as well, is that they -- we just -- we're told that there's a two-minute warning. they do n
, not dumping chemicals bad for the environment, a growing vegetables, how can that be something in violation? >> is a head scratcher. the municipal code is about political power. and right now stay at home gardening is on the rise so more cities will overturn the code but do we want to fight to grow our garden? gerri: it should be a given. more and more cases like this house are the courts responding? >> it is heartening. it is disturbing because property rights are a cornerstone of liberty you can say this is mine and you cannot say anything about it. with eminent domain of use and the epa is a huge violator have been doing a pretty good job they have been slapped down to the epa because they declared someone's land a wetland in you cannot challenge this while be fine you $75,000 per day. gerri: we heard about that. i knew about them in the domain. good reasons and very bad reasons. can and should americans fight back? >> absolutely. politics is messy but one rule is they will find the easiest path to get what they want. there is the case next week involving a guy who had a permit the city
, a has been is missing but with children, have protection concerns in a can't environment or in an urban environment. and so we will look at that population and want to identify those, those people. sometimes people with medical conditions, they can't be treated in a camp. and makes them again more vulnerable and we will look at those populations. so it's kind of a broad array of vulnerabilities that we try to assess. >> ms. strack and, therefore, could you identify, we're talking about those who are eligible for consideration. there has been an identification of an emphasis on those who have participated in assisting the united states efforts either in the military intelligence, otherwise, nongovernment organizations have been put themselves into some peril. what is the distinction between those who are humanitarian versus those who have performed to the benefit of our interests and are therefore being given consideration because of the exposure that may result from that service? >> i would say the programs working in several ways to address both humanitarian concerns and those who work
is summarize the threats we face in the broader strategic environment in which our counter-terrorism efforts take place. the death of osama bin laden marked a milestone in our efforts to defeat al qaeda. al qaeda's ranks have been decimated. more key leaders have been eliminated in rapid succession at any time since 9/11. virtually every major a al qaeda affiliate has lost its key leader or operational commander. more than half of their top leadership has been eliminated. al qaeda is on the ropes and continues to get pummeled. however, his death and the capture of many other al qaeda leaders and operatives do not mark the end of al qaeda or its continued plotting against the united states and other countries. the preeminent security threat to the ad states remains al qaeda and its adherents. since september 11, the counter- terrorism effort has been aimed at preventing the counter terror -- the counter efforts of al qaeda on the homeland. al qaeda continues to edify operatives overseas and develop new methods overseas to attack us at home. affiliated movements have taken us beyond the core l
: the strategic environment has been changing drastically in the asia pacific region. it is crucial that japan strengthen its cooperative ties with asean members to secure peace and prosperity in this area. >> suga denied suggestions from the media that china's expansion in the south china sea is the main reason for the visit. he and prime minister abe want to firm up economic partnerships with these fast-growing asian countries, which are leading global economic growth. >>> abe is not only taking care of business overseas but his main focus has been to boost the economy here so japan can start growing again. ron madison in the studio with more on that. >> yeah, we have been talking a few days at areas they would like to see stimulus, gene, and now we hear senior officials of the ruling liberal democratic party and its coalition party have agreed on prime minister abe's economic stimulus plan. the agreement came on thursday at a meeting atended by abe who was also the ldp leader and new komito leader yamaguchi. he calls this the first in preventing the economy's freefall. one of the three pill
afghanistan will have the right environment for conducting elections without interference and without undue concern. we also discussed in a bit of detail and in the environment that we have all aspects of the bilateral security agreement between afghanistan and the united states, and i informed the president that the afghan people already have given their approval to this relationship and value it as one that is good for afghanistan. in that context, the bilateral security agreement is one that the afghan people approve, and i am sure we will conduct it in detail where both the interests of the united states and the interests of afghanistan will be kept in mind. we had a number of other issues also to talk about during our conversations, and perhaps many times in that conversation, beginning with the composition of, of course.-- the conversation, of course. i thanked the president for the help that the united states has given to the afghan people for all that we have gained in the past 10 years and that those gains will be kept by any standard while we're working for peace and stability in
't need because of the change in the geopolitical environment the stealthy helicopter or the high end artillery. based on what you're seeing in the geopolitical situation, what does that mean future investment. what should be we investing in what should we continue to buy more of? less of. are there vampire programs with using your phraseologies that should be cut? what is the geopolitical environment mean for investment? >> well, again, my friends in the army are mad at me. unfortunately, i think there is here a shift what was the phrase bob used longer, large, basically large prolonged -- [inaudible conversations] >> yeah. that's a good prediction today. who in august of 2001 reconduct -- predicted we would have one in afghanistan? i think it's a dangerous thing in the business. it seems to me to that we needs to strengthen our maritime capability in the western pacific and not to contain china or fight a war with china, god for bid. i think the goal has got to be to try to sustain the peaceful situation, which is only thirty years old. it's the -- we have a huge interest, i think,
it's had a tremendous year in production, but the political and security environment there remains very challenging. dagen: any other countries, saudi arabia, even the united states with its increasing production here that can make up any loss that we might see in iraq, like is there any cushion anywhere else in the world? >> well, you know, when you look at, you know, where we can see potentially within opec, the saudis are the ones who have their capacity. it becomes an interesting what the saudis will do in terms if we did see losses coming out of iraq. right now we've seen iraqi exports down 10% in december but have not seen a major attack on a facility. for now i think everyone is in sort of wait and see mode. another country you want to watch though is libya. libyan production has been another country that has allowed us to absorb the loss of iranian exports. you do want to watch, do we see any potential problems in libya? that's a country where the security situation does not remain very stable. dagen: thank you. >> thank you for having me. happy new year. connell: let's mov
in afghanistan? thank you. >> the interment of the -- environment of the narcotrafficker forces in uncertainty. when they raise an orchard or vineyard and turns it into a poppy field -- when he is not sure what is learned happened to him or his family, they turn to narcotics. it takes three months to grow it. it does not need refrigeration or economic integration, nothing. if we see an increased degree of uncertainty, we would probably see more poppy cultivation. it would be listed economic activities. -- illicit economic activities. the leadership [indiscernible] in the areas where the economy is thriving, we have seen a reduction of narcotics and cultivation of the poppy. in areas where we see most of the fighting, that is where most of the poppies are grown. >> let me close with a final question. jim used a number of statistics. one that struck me is i have the right to a 52% of the afghan population thought the country is going on in the right direction. my question to each of you, what is your view? is the country going in the right direction and are you optimistic or pessimistic as we lo
that come with that. the stewardship of the environment. we have enormous interest of course in our own resources, our people. in fact, 40% of canada's landmass is above the 60th parallel, yet we all have roughly 100,000 of our 34 million people living there. so it is an enormous challenge, obligation, even to continue to exert the sovereignty, search and rescue. at this time of year is becoming dark 24 hours a day. you have temperatures to plummet below 50 degrees celsius. and you have opening waters and changes that are going to create a lot of challenges because more people simply are going to go there, and more countries have exerted or expressed an interest. you mentioned china. there are many others that want to be part of this council. to your question about the obligation, i think it comes back to people playing by the rules and respecting the fact that there are places when disputes arise, as is the case with canada and the united states impact on the bering sea. some of the bordering areas of the arctic. i think there is a recognition that countries that adhere to a rule of a
environment as increased use of natural gas has reduced co2 emissions in the united states to 1992 levels. since 1990, the industry has invested more than $252 billion in improving environmental performance of our product, our facilities, and operations. between 2000, and 2010 the amount of investment and technology to reduce greenhouse gases was $71 billion. compare that to the $43 billion spent by the federal government over that same time. compared to all other industries combined which were just slightly larger than our industry invest the. refinery invested have invested more than $127 billion since 1990 to produce cleaner fuels and meet the growing of variety of state and federal mandates. the complete transition to tier two gasoline is estimated to have resulted in the reduction of tail pipe emissions by cars and light duty strucks, the -- trucks, the equivalent of taking 164 million cars off the road. through increased efficiency, we are doing more with less. america uses about half as much energy today to produce a dollar of gdp than it did in 1970. america's oil and natural gas
you would look at the material? >> we are all products of our experience, of our environment where we come from. i have been tempered by that experience about war. what war means, the consequences, who has to fight it. all of that experience is part of me and how i look at policy, how i look at our foreign policy, how i look at our military policy, how i judge consequences, how the world sees us, their trust in our purpose, in our power. no question that much of the questioning i've done about iraq even before we went in was conditioned tempered by that experience in vietnam. and whatever i will do in my life, whether it's in politics or outside, those experiences shape me just like anyone who has gone through war, those experiences shape you very much. one of the things it does is it makes you less inclined i suspect to jump into war. it's easy to get into war, not very easy to get out as evidenced by the johnson tapes. and you need to think through these things. diplomacy is critically important especially in the world we flive today. i think something else is important here and cer
contracts, for fostering a lot of the corruption in the country. so this is the environment in which president obama and president karzai will be meeting, trying to hammer out some agreement. on the other hand, president karzai would probably be well served by a larger u.s. presence in afghanistan because the more u.s. troops you have there, the more afghan soldiers they're going to train, the better equipped the afghan force is going to be. so again, this is going to be a really tough set of negotiations to see where that number falls. i can tell you, just in the last day or a couple days, i'm hearing more and more that that 6,000 figure is way more likely than that 10,000 figure. >> i suppose either way, numbers of troops is one thing, amounts of money is another. afghan military we've helped bill up cost way more than the afghan government is able to afford, it's billions of dollars still have to go in. >> reporter: yeah. they're owing to have downsize the military. they were building up the afghan military to sort of push back the taliban. but it was always clear that at some poi
to take care of the environment. >> and our response to that s we have no problem with the protection of the environment and wettelands but if it is a public good the entire public should have to pay for it. you shouldn't force one property owner to bear the entire burden of playing for that. >> shannon: to get the permit that he wants to fix the land. do you you feel like you you have is taken on something that is a bigger fight for all americans, all landowners. >> definitely. this affects, of course, not only us and we are in the final stages but it affects any one in the state of florida who owns property. and as far as that goes in this country who owns property because if you assuming that we do come through this successfully it will at least hopefully stop this flood of government regulation and taking land. >> shannon: at this point do you feel like it is a fair fight, the individual land own oar versus the government? do you feel like there is a balance of powethere or not? >> if i had warren buffett's money it would be fair. there are two aspects. number one the financial an
environment go away. mike mipg travis, what happens in your business in this coming year? >> we had two huge rollouts the left model for chord buddy 20% of people are left handed the classical model for chord buddy will not happen. we will not get the breaks that we needed to write off that money, you know, tax wise. >> let it's not there anymore new product somebody has got it to build if it and ship it and sell it it's several jobs down the line that went happen because you don't have the money to make that work. >> right. >> all right. and, john, you talked about there may be fewer folks out on the road with you. >> yeah. that means what happens to those people? where do they go? what can they do? >> it's that effect of people losing jobs. and, you know, it's -- i mean, it's a painful thing to let somebody go that you have been working with for years and years. especially in music and what i do. that's part of what you do. it's part of your sound. at the end of the day you are looking at your paper and looking at your numbers. and i'm not going to run a business in the red. i'm not going
a clunker for the environment. they say the program produced tons of unnecessary waste while doing little to curb greenhouse gas emissions. the emphasis was on car shredding and not recycling even though they say cars are almost completely recyclable. if they had recycled just metal and plastic it would have saved 24 million barrels of oil. department of transportation deemed cash for clung ears success. >> welfare recipients are taking out cash at new york strip clubs liquor stores and x-rated shops and presumably spending it there. they looked at 200 million or ebt records. the food stamp programs bans purchase of booze and lottery tickets with ebt card but cash assistance and is intended to spent on housing and utilities and household necessities can be obtained at atms. a senior fellow says, quote. i don't blame riptsd, if you are poor, its crummy life and you wanted to have a drink or see a naked woman. i blame the people who are in charge of this. >> a massachusetts democratic governor is downplaying the news his state cannot locate 19,000 people who have either been receiving welfa
-absorbed liberal academic environments where they pride themselves on being forward leaning. meanwhile the kids aren't learning crap, and this is what happens. a six-year-old boy goes like this and he is suspended. we end up having to talk about it because they are unable to let boys be boys. >> you know what happens when you lean forward? >> what? >> you fall down. >> the problem with this is that if we didn't have the awful tragedy in the other school last month, it won't -- this kid wouldn't be suspended. maybe the parents would get a note going home with the kid. this is only as a result of terrible tragedy. everybody is hyper sensitive to violence. obviously it is normal to be on alert from more dangerous behavior from students. but a six-year-old doesn't have the mental uh bill tee to -- ability to form intent to either break a school rule or try to hurt someone. if there was a toy or injury -- i mean he literally picked up his fingers and did it. there is absolutely no reason the kid should be brandished with this danger to others from, what, six years old? >> i believe that this is not
the crop insurance program. jenna: last question. we talk about the environment we talk about the fiscal environment, and that is very much reality for you as the secretary of agriculture. where do you see the opportunity to cut, when you look at your own budget in the fiscal environment in the year ahead where are you looking potentially for the savings of american people. >> we reduced our budget by 12 1/2%. our workforce is down by 6,000 folks. we're restructuring, closing offices and being more efficient but there is also the opportunity within the farm programs. that is one of the missed opportunities not getting the farm bill passed because there were reforms in what the senate passed and what the house ag committee passed would have provide somewhere between 23 and $34 billion worth of savings. hopefully we rest sure rec reforms as we continue the debate this year. jenna: nice to have you on the program. really appreciate your time today. >> thank you. jon: now this fox news alert. testimony just wrapped up in a colorado courtroom revealing some chilling new details about the movi
don't agree with that, but that's what happened. the environment is different this time, and i'm actually pleased to tell you that the speaker of the assembly, john perez, and others have engaged in a bipartisan approach to fixing this and there's bipartisan support for pushing through a law that would fix the problem. and essentially, what it will do is this. instead of referring to rape by fraud, only if the perp is impersonating the spouse, it will be, if the perpetrator is impersonating an intimate partner, which more accurately flects common and modern-day relationships. >> so, wait, you said it died in the senate because it would have increased the budget. is that in part part of increasing the prison population? >> that's correct, exactly right. as you know, california recently underwent a shift in criminal justice policy, where we realigned state responsibilities for low-level offenders to the counties, because a three-judge court panel decided that we rightly had decided that we had an overcrowding problem in california state prisons, and we needed to relieve the popul
flood of cuts and for that kind of an environment you don't need somebody who's an outsider who doesn't have the practical experience and who's makedly ambitious for the job. what i don't get about this is the deputy secretary of defense ashton carter has all the experience in the world. he's a loyal democrat. he's done a terrific job. and the undersecretary of defense michel flonroy is trusted throughout the military. the president had people loyal to him with the qualifications and gone to an outside person whose reputation is that of a maverick who makes off the cuff decisions and i think that's very bad for defense department and for our security at this particular time in history. >> well, let me ask you on that issue of being an outsider. some say that's what's needed. i'm not so sure how outside he is but someone who's ambitious might be what you need considering the politics necessary in the defense department and the fact he's -- the president is reaching across the aisle to the republicans to supercede the choices you mentioned but have at it. >> okay. i have very little to
they become violent and help create the positive environments in schools. >> legal la mcdowell, the advancement project. great to have you on this morning. >>> coming up, the power of prayer. the atlanta pastor that was picked by president obama to deliver a benediction at the obama inauguration. coming under fire for a sermon that he gave in the '90s which may have given him a disinvite. >> did you look at his signature? >> not that i'm aware of. >> that is jack lew, the president's nominee for treasury secretary. what we know about him besides that weird looking signature? >>> and does president obama need a binderful of women or is that overblown? tweet me @thomasroberts. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so co
problem or not. they get very upset because they don't. they have been destroyed by our food environment. i think these studies will come together and show that we have a couple addictive things, just like cigarettes. which sounded crazy a long time ago that people would say junk food would be linked, parallel to the tobacco court rulings. but, you know what, we're going to get there. i'm sure of it. >> well, you know, be prepared to hear from the corn refiners association. >> soda pop industry, come at me, too. tell me you're not selling complete poison. some nutritional value in pepsi. something in orange soda adds value to our diets and our body. don't look at me. what's wrong with you? >> let's all go out after the show and have some twizlers and talk this through. >> these are the things we have been eating for decades and drinking for decades and then we have an obesity crisis and we can't make the link? >> it's very possible the science will take us there. we do know where the science is for sure which is a diet on whole fresh fruits and vegetables primarily with small amounts of
well in the current environment. you can't survive in this industry unless you continue to cut costs. we've got a great track record, frankly, over the last five years of delivering, you know, circa 100 million pounds of cost savings year on year. we intend to do that going forward. >> and joining us with more, founder and managing director at neeve capital. thanks for joining us. how tough is if for the gross? tough for morrison's. we get tesco tomorrow. >> i think it is tough and goes beyond the economy. i think what's happened is to some extent people are prioritizing spending on other things over food. you've seen so much food inflation the last two, three years that people almost prefer to spend it on treat like apple, for example, or clothing. what that actually has meant is people are discovering or rediscovering that it's cool enough to shop, and people have discovered you can get good quality stuff at really much cheaper prices. and i think in other terms, what people are doing is they're shopping on convenience. they want to go? where closer to them. they don't actually lik
. it will focus on the low interest rate environment and we'll see a pop in these commodities again. is that your play? >> gold is special. i think, don't think of gold as a commodity. think of it as a currency. i think that is what the world's fourth or fifth currency, it will gain more popularity. everyone wants to deflate their currency. other commodities we need a stronger economy. could be second half play. could be somewhere out next year. i'm, i'm the equity strategist. i don't claim to be an expert on this. there is value there. we'll start with oil. i think gold is different. other commodities will come along later on. ashley: scott is the race to debase across the world really and it has been going on for some time. gold has not really responded in the rate you think it would. what do you, what is your thought on gold and where it goes from here? >> we're in really not that interested in gold right now. ashley: no? >> i think it's going to pretty much flat line from here and it's just something that moves in the rest of the year along with any political moves. same way we're cautiously
? thank you. >> the interment of the -- environment of the narcotrafficker forces in uncertainty. when they raise an orchard or vineyard and turns it into a poppy field -- when he is not sure what is learned happened to him or his family, they turn to narcotics. it takes three months to grow it. it does not need refrigeration or economic integration, nothing. if we see an increased degree of uncertainty, we would probably see more poppy cultivation. it would be listed economic activities. -- illicit economic activities. the leaderships and international community. in the areas where the economy is thriving, we have seen a reduction of narcotics and cultivation of the poppy. in areas where we see most of the fighting, that is where most of the poppies are grown. >> let me close with a final question. jim used a number of statistics. one that struck me is i have the right to a 52% of the afghan population thought the country is going on in the right direction. my question to each of you, what is your view? is the country going in the right direction and are you optimistic or pessimistic
. it costs a lot of money. in this case it is also costing the environment. >>steve: thanks for the cheery report. >> i was at the redskins game so i'm in a bad news. i'm hosting varney together. we're going to have grover norquist. we're going to give him a heart time because i say this fiscal cliff might have been his waterloo. >>steve: in a couple of minutes, the former marine who wrote a scathing letter to dianne feinstein will join us live. >>gretchen: matt damon wants us to believe that fracking is bad in his movie but a secret report says no fracking way. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment informati
we like wells fargo a lot. they get hurt in a low rate environment, they'll be helped a tremendous amount when short rates move up, and investors have not yet been willing to believe that the mortgage profits are sustainable. even though wells has got 30% market share of the mortgage market, which over time should be a positive. it's just they're not willing to give them full credit for it yet. >> moshe, thanks for your time. >> thanks very much. >> i did want to discuss some breaking news on morgan stanley. the company, a number of news outlets reporting job cuts coming there. we can confirm and clarify some of those reports. morgan stanley sources close to the company indicating they will cut about 6% of its overall institutional securities, and infrastructure staff. those cuts will total 1,600 jobs, half would be international, half will be domestic. again, 6% of securities and infrastructure. now, putting that in perspective, the company has 57,000 total employees. some have reported 6% overall, that is not correct. again, if you do the math, it would be 1,600 total. they've be
. [applause] we are getting an environment where business can grow, an environment that has been created by all of you and especially the leadership of governor cuomo. [applause] leadership that has companies like mine following a path to new york. tid pleasure of meeting the governor last month and it is my pleasure and honor to introduce him to you now, the governor of the state of new york, andrew comb month -- cuomo. >> [applause] >> thank you, thank you very much. thank you very much. happy new year new york. first, let me acknowledge and thank the greatest partner a governor could ever had lieutenant governor bob duffy who has been magnificent in the work he had done for this state. the question can one person make a difference in life. bob duffy has made a tremendous difference aross this state and we oh him gratitude. let's give him another round of applause. [applause] to the elected and legislative leaders who have been introduced once before, it's a pleasure to be with you. attorney general, thank you for being here. co-leaders senators, pleasure to be with you, assembly speak
this election for you in a tough environment. hold your noses, vote for me even if you're not 100%, and i can win the white house. that's how bill clinton won in 1992. he took on a ton of liberal constituencies, but because the democratic brand was damaged in '92, he was able to distance himself from it to help democrats. >> much like the republican brand now. >> exactly. >> look, let me -- erin? >> yes, roland. >> last i checked, criticizing congress is not going to somehow hurt you with the american people. so governor christie is frankly walking on -- like jesus walking on water criticizing republicans and democrats in congress. but here's the other piece you have to keep in mind. we're four years away. this whole notion of what's going to happen, so many things could very well happen. but if chris christie is able to reach out to grassroots folks, he's all about trying to appeal to republicans in congress, republican governors. it's about appealing to grassroots people. if he's able to show that kind of enthusiasm, that kind of energy, that's actually going to drag other people along. >>
a proper environment in which to do their jobs and that will include making sure that don't ask, don't tell and elimination of don't ask, don't tell is fully implemented. >> with regard to the military budget, he has called the military a bloated organization. chairman of the joint chiefs, martin dempsey, said this week that we are on the brink of creating a hollow force. would a secretary of defense hagel pro-provide over the hollowing out of the defense department? >> the biggest concern with respect to who will league out is this sequester that's hanging like a sword over the department. that's what they had tried -- have to not let that happen but with respect to going in and finding things within the department of defense that perhaps you don't need or you can eliminate, if that's what you mean by bloat, i hope he does find bloat and gets rid of it. >> agree with his characterization that it's bloated? >> bloated doesn't necessarily mean the whole department is bloated. bloated mean there is are probably things in the department that you can take a hard look at and determine whether or
with a lot of self-confidence and comfortable in his own skin. in this town, any political environment, you have to get to know the other side and empathize with them. it's not one of his greatest ranks so far. >> you point that out today in your piece, learning how to smooz could be a difference between a good and great presidency for president obama. who f how do you think he's doing so far? >> it's a struggle for him. we saw with the negotiations with republicans specifically speaker boehner, granted the republicans aren't giving an inch and they are very hard-headed and aren't willing to accommodate. but past presidents have had just as tough if not tougher rivals to go up against. instead of running towards boehner and running towards his enemies up on the hill getting to know him. the small favors in politics, visits to the white house, sitting down for drinks, invitations on air force one, those are all small things and to the general public seem petty but they mean a lot in relationships. and the president was very good in springfield illinois, if you talked to people that worked wi
, they act like steroids in our environment, and they amplify everything, and they make heat waves more intense, they make the drought that still grips 61% of this country, makes it more intense. that drought that we saw last year, we're dealing with this year, the low levels in the mississippi river, that's going to go into next year. part of the problem is we're not having enough precipitation come down, not enough snowfall and rain to help alleviate that drought. >> what about the ice melt and effects of -- i know you've been to greenland and all over the globe, really, to witness the effects on animal life and ultimately on our own weather systems. >> it affects everything. they are seeing the ice melt in greenland faster than they ever anticipated. it is happening much faster than scientists ever expected, and that's one of the many alarming things. the other thing about having warmer weather, while you and i enjoy it because we don't have to put on heavy boots, scarves, gloves, all of that, it changes our ability to grow things. we are seeing growing zones in the united states mig
itself in an environment of which the president's won re-election and they don't want him to do anything he wants. they're also very muched concerned generally about what hagel probably intends to do and that is to continue panetta's effort to streamline the pentagon and make budget cuts. those who are in favor of a strong defense are against that and therefore against hagel's perception more cuts are necessary and finally there is a great deal of concern about hagel's statement that unilateral american action in trying to restrict what iran can do economically and with its money, hagel doesn't think that's a good thing to do and lots of people on both sides of the aisle in the senate who disagree with hagel about that and hearing about that in the hearings. >> it's interesting, colonel, that, again, going back to his war record and when you look at our nation as the president pointed out, could have a leader as secretary of defense who has been in that situation. he knows what it is like to have young men and women in the mud and the ground and like to see people, you go in to war with
year for the s&p. it'll get you to 1,550? >> we are in a mid single digit equities environment. it's not horrible as long as you're not expecting something that's, you know, that's 10%. >> look at some of these releases. i'm very impressed with the isms for services. very impressed with capital goods, factory order spending, factories isms, even the employment report showed good hours worked in income. are we underestimating the economy? forget washington, put that aside. >> are you underestimating the economy? it'll be 3% instead of 2%? >> it could be. let's put it this way. if you look, for example, at the cbo budget numbers, they are looking for this thing to get to 3%, 4%, 5%, over the next two or three years, i think those are silly numbers. could we be in the high twos? not without a question. especially if you can unlock this lack of business confidence that's out there, that to me is the most important. >> i love the fact that gold is falling almost on a daily basis. because when gold falls, people are investing in more productive assets. reminds me of the '80s and '90s. >>
out of your comfort zone, the environment is so rich. >> by the same token, people who might be liberals or conservatives do at least have an enemy they can identify with, which was not always possible in the age of walter cronkite. with one solo voice. >> that had enemies, they just were not on television. when you think about it, consider walter cronkite, known to many in the day as uncle walter. it would be ludicrous to call any newscaster a relative today. can you imagine anybody trying to get away with a presumptuous statement like "and that's the way it is." everybody craved the comfort of that dinnertime slice of consensus reality. i think that the more media do you think cable tv and that that kind of comfort? >> i think that the more media sources you have dividing up the audience, the smaller the public square becomes. less consensus, but you are exchanging that comfort for the comfort of knowing that there are other people like you in the world who care about the things that you care about. i am always in favor of more speech, rather than less, even though everythi
and one is to mr. dove -- when no one of your main arguments is that it's a good environment for negotiations of a similar situation, describing 2004. now, i want to know in light of all the -- that we have heard the government perceived by the taliban and the u.s. is pulling for the americans why would you say that the americans -- to talabani's in a situation -- [inaudible] could you please elaborate more and the other question is that in passing i heard something about india and iran. i would like to hear some more on that to see whether iran and india together or individually have any role in the play as you'll discuss. thank you very much. >> hi, katie from the department of state. you kind of reference the growth of ttp to the lack of support received by the pakistani civilian law-enforcement bodies. i wanted to see if you could kindly clarify whether the support you are looking for there was financial or domestic, political will and why do you think that support is provided to you? >> the gentleman behind. >> hi. i'm with the u.s. -- religious freedom. the role of reli
been in that environment. he had a wife and i think two children. he is representative of the force. and if you think not just to the service member but of the wife. the spousal husband whos ever back with the children with repetitive years gone, repetitive stresses and strains. they're an extraordinarily professional force. to my knowledge this is the first time we fought a lengthy war with a completely professional force. we don't really know the long term impact. it's held together well but there are a lot of disturbing numbers like suicides which worries me a lot. >> schieffer: it seems to me that we are asking a military to do more than it is designed to do. and people are talking about reducing the size of the military but it seems to me if we're going to ask the same of the military that we're asking now, we actually need a larger military. and i don't think that's going to happen. >> well, i would take it in a slightly different direction. we are asking the same military but i'm not sure it's a military that the american people know. most of us see a soldier or sailor airma
to answer to his royal grandchild about the state of the environment. >> i'm going to be confronted by my future grandchild. why didn't you do something? so clearly now there is a -- we'll have a grandchild, it makes it even more obvious. to try and make sure we have -- leave them something that isn't a totally poisoned chalice. >> prince charles revealed he does worry about his son harry serving in afghanistan. >>> forking over some serious dough for wonder bread. cnbc's mandy drury is here with what's moving your money. reports two bidders have emerged in the hostess bankruptcy talks to buy the bread part of the business. >> that's right. flowers foods and grupo. two names thrown around before reportedly in discussions to acquire pieces of the bread business as hostess is basically selling off assets now in a bankruptcy court auction which could be as soon as this week. there are reports of other interested parties. those two are supposedly the opening bidders. as for how much they might have to fork over, you've got the bread business and it's got lots of brands. things like wonder bre
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